Many businesses are responding to rising costs by limiting their workforce, which could have detrimental effects such as employee burn-out and decreased productivity. Instead of preparing for negative outcomes, businesses should focus on nurturing their workforce. Research indicates that appreciation significantly impacts workplace performance, with 88% of employees working harder, 73% taking on additional tasks, and 91% feeling more engaged when they feel appreciated. It is crucial for businesses to realize that fostering a supportive environment is essential to overcoming economic challenges.
Many businesses are reacting to rising costs by holding back on their workforce. While lower numbers may look good on paper, the negative impact will materialise as workers report burn-out, lower productivity, and absenteeism.
Appreciation is a key driver of workplace success. Research shows that 88% work harder, 73% take on extra work, and 91% feel more engaged when they feel appreciated.
#business-trends #workforce-management #employee-engagement #economic-impact #workplace-appreciation
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